Rohstoffthread / CCG-Hauptthread

[marcovich]

ECobalt auch mit einem Aufschlag von ~12% .. Li und Cobalt haben vielleicht Ihren Boden gefunden? Lithium America etc auch die letzten Tage mit ordentlicher Performance ..

greenhorn schrieb am 06.11.2018, 15:41 Uhr[/url]"]A2ASGU das könnte zum einen den Cobaltpreis antreiben und zum anderen eben auch eine FCC.......auch wenn 1500 Tonnen auf dem Weltmarkt zu verschmerzen sind........
25 Mio zusätzliche Kosten ist natürlich auch nicht ohne.......und erst im 2Q 2019 soll der Ionentauscher fertig sein

Katanga Mining Temporarily Suspends Cobalt Sales
https://app.quotemedia.com/quotetoo...LMIN&symbology=null&cp=null&webmasterId=90338
Canada NewsWire

ZUG, Switzerland, Nov. 6, 2018

ZUG, Switzerland, Nov. 6, 2018 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today announced that its 75%-owned operating subsidiary, Kamoto Copper Company SA ("KCC"), will temporarily suspend the export and sale of cobalt at its Kamoto Project in the Democratic Republic of the Congo until further notice. The presence of uranium was recently detected in the cobalt hydroxide produced at the Kamoto Project in levels that exceed the acceptable limit allowed for export of the product through main African ports to customers. To date, the total cobalt production impacted by the sale suspension amounts to 1472 tons of finished cobalt. The low levels of radioactivity detected in the uranium to date do not present a health and safety risk.

Production of cobalt at the Kamoto Project is expected to continue without reduction in the quantity produced. The Company is currently conducting additional surveys to identify the source of the uranium and exploring various options to mitigate the impact of the sales suspension.

KCC intends to construct an Ion Exchange system to remove uranium from cobalt produced at the project. The Ion Exchange system is expected to be commissioned by the end of the second quarter 2019 subject to obtaining the necessary approvals. The finished cobalt production will be stored on site and processed in the Ion Exchange system once construction is completed. Once the Ion Exchange system is commissioned, the processing and sale of the cobalt stored on site is expected to be completed before the end of the fourth quarter of 2019. The construction of the Ion Exchange system is expected to cost approximately US$25 million.

The temporary suspension of cobalt sales during the construction of the Ion Exchange system is expected to negatively impact revenue of Katanga during the fourth quarter of 2018 and the first and second quarters of 2019. The revenue that would otherwise be recognized on cobalt sales during the fourth quarter of 2018 and the first and second quarters of 2019 is expected to be realized in the third and fourth quarters of 2019.

Currently the Company has not received any claims on the sales which commenced in the second quarter 2018.

 

[Kostolanys Erbe]

Kostolanys Erbe schrieb am 31.10.2018, 00:39 Uhr[/url]"]Nachtrag:


Blackbird to merge with Pipestone; financings arranged



2018-10-30 18:19 ET - News Release



Mr. Garth Braun reports

BLACKBIRD ENERGY INC. AND PIPESTONE OIL CORP. ANNOUNCE A STRATEGIC MERGER AND $310 MILLION IN EQUITY AND DEBT FINANCINGS TO FORM A PREMIER HIGH GROWTH PURE-PLAY CONDENSATE RICH MONTNEY COMPANY

Blackbird Energy Inc. and Pipestone Oil Corp. have entered into an agreement dated Oct. 29, 2018, that provides for the combination of Blackbird and Pipestone Oil. Concurrent with the transaction, Blackbird and Pipestone Oil have entered into agreements with certain of their existing shareholders who have committed to common equity financings totalling $111.0-million, and Pipestone Oil has arranged $198.5-million of debt financing. The transaction and financings will result in the strategic combination of two adjacent and contiguous Pipestone Montney land bases under a single well-capitalized, high-growth company that will operate under the name Pipestone Energy Corp.

........................

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aBBI-2676422&symbol=BBI&region=C

 

[dukezero]

dukezero schrieb am 07.11.2018, 08:37 Uhr[/url]"]http://rohstoffbrief.com/2018/11/07/alarm-auf-glencore-mine-kobalt-mit-uran-verseucht/?fbclid=IwAR2a3pXWL6E7i3A_rdW0PCsMxG11d9ATwkoc9ghGRXPwrH472fGZuKsqgs8


Alarm auf Glencore-Mine: Kobalt mit Uran verseucht
Die von Glencore dominierte Katanga Mining muss ihre Kamoto-Kobaltmine vorerst schließen. Im Kobalthydroxid wurden Spuren von Uran entdeckt. Das könnte Auswirkungen auf den Weltmarkt und die Batterieindustrie haben.

 

[dukezero]

dukezero schrieb am 07.11.2018, 10:07 Uhr[/url]"]

dukezero schrieb am 07.11.2018, 08:37 Uhr[/url]"]http://rohstoffbrief.com/2018/11/07/alarm-auf-glencore-mine-kobalt-mit-uran-verseucht/?fbclid=IwAR2a3pXWL6E7i3A_rdW0PCsMxG11d9ATwkoc9ghGRXPwrH472fGZuKsqgs8


Alarm auf Glencore-Mine: Kobalt mit Uran verseucht
Die von Glencore dominierte Katanga Mining muss ihre Kamoto-Kobaltmine vorerst schließen. Im Kobalthydroxid wurden Spuren von Uran entdeckt. Das könnte Auswirkungen auf den Weltmarkt und die Batterieindustrie haben.

Einige Cobaltwerte laufen an! FCC,ECS.....

 

[Kostolanys Erbe]

Wie erwartet zeigten beide Titel weitere Schwäche...

GGD aufgrund schlechter Q-Zahlen wurde charttechnisch die 0,30 CAN$ nach unten durchbrochen und 0,20 CAN$ wurde erreicht.

==> Gap-Close 0,20 CAN$ !!!

Erreicht wurde das Gap-Close mit erhöhtem Volumen, ob das schon die Ausverkaufsstimmung war, weiss ich nicht und ob noch einige Aktien wegen tax-selling season auf dem Markt geschmissen werden, weiss ich auch nicht.

Ich weiss nur, das GGD aktuell mit dem cash-Bestand an der Börse bewertet wird. Daher aktuell bei mir weiter strong watchlist. Aktuell bei mir noch kein auf, da der Trend nach unten zeigt und evtl. bei tax-selling eine Übertreibung nach unten besteht.

SGI weiter auf Bodenbildungs-Suche...neue Tiefs können weitere neue Tiefs nach sich ziehen...auch hier könnte noch tax-selling anstehen...wo stehen wir dann?

Also auch hier warte ich erst mal weiter ab.

Kostolanys Erbe schrieb am 17.10.2018, 21:27 Uhr[/url]"]Trotz des Goldpreisanstiegs erreichen viele Werte neue Tiefs...

Fangen die jetzt schon mit tax selling an...? Habe mich eigentlich mehr auf Anfang Dezember darauf eingerichtet!

z.B. SGI

Wenn bei SGI die 0,85 CAN$ (aktuell Doppeltest aus November 2017) nicht halten, wovon ich jetzt generell ausgehe, weil die Aktie einfach im Moment keine Stärke bei steigenden Goldpreis zeigt, kann man sie sicherlich tiefer in den nächsten Wochen kaufen.

» zur Grafik

z.B. GGD auch heute mit neuem Jahrestief, nach dem Bruch der 0,30 CAN$ soll es wohl eine Etage tiefer gehen,,


Marketcap ca. 50 Mio. CAN$

Cash ca. 23 Mio. CAN$

keine Schulden!

Produzent! Bei mir Strong watchlist!

Aktuelle Präsentation:

http://gogoldresources.com/index.php/component/rsfiles/preview?path=powerpoints/2018/GGD_Corp_20180924.pdf


» zur Grafik

 

[Kostolanys Erbe]

Premier Gold loses $1.8-million (U.S.) in Q3



2018-11-07 01:19 ET - News Release



Mr. Ewan Downie reports

PREMIER GOLD MINES REPORTS 2018 THIRD QUARTER RESULTS

Premier Gold Mines Ltd. has released operating results for the three months ended Sept. 30, 2018. The Company previously released its production results for the third quarter in a news release dated October 16, 2018. Effective January 1, 2018, the Company has changed its presentation currency to U.S. dollars. This change is applied retroactively to restate comparative financial statements. Unless otherwise stated, all amounts discussed herein are denominated in U.S. dollars (2)

Premier is a gold-producer and respected exploration and development company with high-quality precious metal projects in proven, accessible and safe mining jurisdictions in Canada, the United States, and Mexico. Premier's team is focused on creating a low-cost, mid-tier gold-producer from its two producing gold mines and two advanced-stage, multi-million ounce, development projects.

2018 Third Quarter Highlights

Consolidated production of 20,100 ounces of gold and 89,512 ounces of silver
Cash costs1 of $858 per ounce of gold sold - AISC1 of $1,008 per ounce of gold sold
Revenue of $27.3 million -Mine operating income of $2.0 million
Net loss of $1.8 million
Cash balance of $56.4 million
Construction underway of two new mining centers at South Arturo
High-grade gold discovery at the McCoy-Cove joint venture property

.................

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aPG-2679842&symbol=PG&region=C

 

[Kostolanys Erbe]

Westhaven Ventures resumes drilling at Shovelnose



2018-11-07 12:03 ET - News Release



Mr. Gareth Thomas reports

WESTHAVEN RESUMES DRILLING AT ITS SHOVELNOSE GOLD PROPERTY

Westhaven Ventures Inc. has resumed drilling at its 15,542-hectare Shovelnose gold property, located within the prospective Spences Bridge gold belt (SBGB), which borders the Coquihalla Highway, 30 kilometres south of Merritt, B.C.

2018 Fall Drill Program

This fully-financed drill program will consist of approximately 2,500 metres of diamond drilling over a strike length of 400 metres at the recently discovered South Zone. Recent drilling here intersected 17.77 metres of 24.50 g/t Au, including 6.78 metres of 50.76 g/t Au. The focus of the current program is to expand on this recently encountered higher grade gold in the South Zone. Please see the plan map of proposed drilling below.

Gareth Thomas, President & CEO of Westhaven stated, "We are keen to get back drilling at the South Zone. Only two holes have been drilled into the newly tested southern block and both holes intersected significant gold-silver mineralization. We will be testing both the vertical extent and the strike length of this mineralization." Peter Fischl, P.Geo., Exploration Manager, adds "This follow-up program will look to extend the strike of the South Zone vein system to the southeast by 200 metres. Planned upper and lower cuts to holes SN18-14 and 15 will test the vein zone over a vertical range of 200 metres as well."

Shovelnose Gold Property Overview

There is evidence of a significant mineralized alteration system within the property where float samples grading 119 g/t Au (Gold) and 273 g/t Ag (Silver), veins exposed by trenching grading 66 g/t Au, and wide low-grade alteration zones typical of epithermal gold deposits have been discovered. Recent drilling intersected 17.77 metres of 24.50 g/t Au, including 6.78 metres of 50.76 g/t Au. For further information on the Shovelnose Gold Property, please visit: http://westhavenventures.com/projects/shovelnose-gold/details/

The Spences Bridge Gold Belt (SBGB)

Westhaven owns a 100%-interest in 4 properties covering over 35,000 hectares within the prospective SBGB, which is situated within a geological setting like those which host other significant epithermal gold-silver systems. It is close to major transportation routes and infrastructure allowing for cost-effective exploration. The SBGB is a 110-kilometre northwest-trending belt of intermediate to felsic volcanic rocks dominated by the Cretaceous Spences Bridge Group. Sable Resources and Westhaven have a combined control of 86% of the SBGB (225,000ha). Any ground staked by Sable within a 5-kilometre perimeter of Westhaven's existing property boundaries will be subject to a 2.5% NSR. In addition, Westhaven has a 30-day Right of First Refusal (ROFR) for a three-year period on any properties outside of the 5-km area of interest.

About Westhaven Ventures Inc.

Westhaven Ventures Inc. is a Canadian based exploration company focused on the acquisition and exploration of prospective resource properties. Westhaven is focused on advancing its Shovelnose, Prospect Valley, Skoonka and Skoonka North gold projects in British Columbia. Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN. For further information, please call 604-681-5558 or visit Westhaven's website at www.westhavenventures.com

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWHN-2680202&symbol=WHN&region=C

 

[Kostolanys Erbe]

Silvercorp earns $11.07-million (U.S.) in fiscal Q2



2018-11-07 16:29 ET - News Release



An anonymous director reports

SILVERCORP REPORTS Q2 NET INCOME OF $8.0 MILLION, $0.05 PER SHARE, AND CASH FLOW FROM OPERATIONS OF $21.0 MILLION

Silvercorp Metals Inc. has released its financial and operating results for the second quarter ended Sept. 30, 2018. All amounts are expressed in United States dollars.

Q2 FISCAL YEAR 2019 HIGHLIGHTS

Sales of $48.1 million, up 1% compared to $47.5 million in the prior year quarter;

Sold approximately 1.9 million ounces of silver, 1,000 ounces of gold, and 19.4 million pounds of lead, up by 17%, 25%, and 15%, respectively, compared to 1.6 million ounces of silver, 800 ounces of gold, 16.9 million pounds of lead in the prior year quarter while zinc sold was 4.9 million pounds, down 12% compared to 5.6 million pounds in the prior year quarter. The ending inventories of silver-lead concentrate were 3,732 tonnes (containing approximately 0.4 million ounces of silver and 4.3 million pounds of lead), a decrease of 34%, compared to 5,650 tonnes of silver-lead concentrate inventories as at June 30, 2018;

Gross profit margin of 47% compared to 54% in the prior year quarter, with the decrease mainly due to lower metal prices;

Net income attributable to equity shareholders of $8.0 million, or $0.05 per share, compared to net income attributable to equity shareholders of $11.1 million, or $0.07 per share in the prior year quarter;

Cash flow from operations of $21.0 million, up 1% compared to $20.7 million in the prior year quarter;

Cash cost per ounce of silver1, net of by-product credits, of negative $3.37, compared to negative $5.16 in the prior year quarter; All-in sustaining cost per ounce of silver1, net of by-product credits, of $2.54, compared to $2.26 in the prior year quarter;

Paid $1.1 million withholding tax at 10% rate for dividend distributed out of China to the Company, compared to $nil in the prior year quarter; and,

Ended the quarter with $123.9 million in cash and cash equivalents and short-term investments, an increase of $9.1 million or 8% compared to $114.8 million as at June 30, 2018.

......................

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aSVM-2680343&symbol=SVM&region=C

 

[greenhorn]

Guten Morgen!

 

[greenhorn]

BTO - gefallen mir weiterhin 8)

B2Gold earns $16.03-million (U.S.) in Q3
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:BTO-2679786&symbol=BTO&region=C
2018-11-06 20:01 ET - News Release

Mr. Clive Johnson reports

B2GOLD CORP. REPORTS POSITIVE THIRD QUARTER 2018 RESULTS; QUARTERLY OPERATING CASH FLOWS INCREASE BY $101 M (240%) TO $143 M ON RECORD GOLD PRODUCTION AND SIGNIFICANTLY REDUCED ALL-IN SUSTAINING COSTS

B2Gold Corp. has released its operational and financial results for the three and nine months ended Sept. 30, 2018. The Company previously released its gold production and gold revenue results for the third quarter and first nine months of 2018 (see news release dated 10/11/2018). All dollar figures are in United States dollars unless otherwise indicated.

2018 Third Quarter Highlights

Record quarterly consolidated gold production of 242,040 ounces, a significant increase of 78% (106,412 ounces) over the same period last year and in-line with budget, due to the continued strong performances of the Fekola Mine in Mali, Masbate Mine in the Philippines and the Otjikoto Mine in Namibia

Consolidated gold revenue of $324 million, a significant increase of 110% ($170 million) over the same period last year

Consolidated cash operating costs (see "Non-IFRS Measures") of $504 per ounce, in-line with budget and $59 per ounce (10%) lower than the prior-year quarter

Consolidated all-in sustaining costs ("AISC") (see "Non-IFRS Measures") of $749 per ounce, in-line with budget and significantly lower by $172 per ounce (19%) than the prior-year quarter

Consolidated cash flows from operating activities of $143 million ($0.14 per share), significantly increasing by $101 million (240%) from $42 million ($0.04 per share) in the prior-year quarter

Net income of $16 million ($0.01 per share) and adjusted net income (see "Non-IFRS Measures") of $45 million ($0.05 per share)

Fekola Mine continued to operate above plan, producing 107,002 ounces of gold in the quarter

Masbate Mine's guidance revised favourably; for full-year 2018, the Masbate Mine is now forecast to produce between 200,000 to 210,000 ounces of gold (original guidance was between 180,000 to 190,000 ounces)

Subsequent to the third quarter, the Company repaid in full its $259 million aggregate principal amount of convertible senior subordinated notes which matured on October 1, 2018

In October 2018, subsequent to the third quarter, the Company was granted the mine permit for the Limon Central Pit in Nicaragua and announced positive results from the Expansion Study at El Limon Mine and that a renewed collective agreement had been signed with El Limon labour unions

On October 25, 2018, subsequent to the third quarter, the Company announced a substantial increase in the gold mineral resource estimate for the Fekola Mine and positive results from the ongoing Fekola Mill Expansion Study

2018 First Nine Months Highlights

Record consolidated year-to-date gold production of 721,817 ounces, 5% (31,888 ounces) above original budget and 85% (332,005 ounces) higher than the first nine months of 2017

Record consolidated year-to-date gold revenue of $953 million on record year-to-date sales of 749,102 ounces at an average price of $1,272 per ounce

Consolidated cash operating costs of $486 per ounce, well below budget by $51 per ounce (9%) and $99 per ounce (17%) lower than the first nine months of 2017

Consolidated AISC of $740 per ounce, well below budget by $97 per ounce (12%) and $187 per ounce (20%) lower than the first nine months of 2017

Consolidated cash flows from operating activities of $377 million ($0.38 per share), significantly increasing by $248 million (192%) from $129 million ($0.13 per share) in the first nine months of 2017

Net income of $95 million ($0.09 per share) and adjusted net income of $149 million ($0.15 per share)

B2Gold is well on target to achieve transformational growth in 2018 and expects to meet the upper end of its revised 2018 gold production guidance range of between 920,000 and 960,000 ounces (original guidance was between 910,000 and 950,000 ounces) and also expects to meet the lower end of its 2018 cost guidance ranges for cash operating costs of between $505 and $550 per ounce and AISC of between $780 and $830 per ounce ...........

greenhorn schrieb am 12.10.2018, 07:49 Uhr[/url]"]BTO - Top, nur meine Meinung.......aber die machen im Moment einen guten Job und haben deutlich Potential

B2Gold Reports Record Third Quarter 2018 Gold Production; Quarterly Gold Production Increase of 78% to 242,000 oz as Gold Revenues Increase by 110% ($170 M) to $324 M Over the Same Period in 2017
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:BTO-2669224&symbol=BTO&region=C
2018-10-11 15:36 ET - News Release

VANCOUVER, British Columbia, Oct. 11, 2018 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce its gold production and gold revenue for the third quarter and first nine months of 2018. All dollar figures are in United States dollars unless otherwise indicated.

2018 Third Quarter Highlights

Record quarterly consolidated gold production of 242,040 ounces, a significant increase of 78% (106,412 ounces) over the same period last year and in-line with budget, due to the continued strong performances of the Fekola Mine in Mali, Masbate Mine in the Philippines and the Otjikoto Mine in Namibia
Consolidated gold revenue of $324 million, a significant increase of 110% ($170 million) over the same period last year
Fekola Mine continued to operate above plan, producing 107,002 ounces of gold in the quarter
Masbate Mine gold production of 57,542 ounces, the second highest quarterly production ever for the mine
Based on Masbate’s strong year-to-date performance, Masbate’s annual production guidance has been revised higher to be between 200,000 to 210,000 ounces of gold (original guidance was between 180,000 to 190,000 ounces)
Masbate Mine continued its remarkable safety performance, extending the number of days without a Lost-Time-Injury to almost three years (1,083 days) by quarter-end
Subsequent to the third quarter, the Company repaid in full its $259 million aggregate principal amount of convertible senior subordinated notes which matured on October 1, 2018
On October 5, 2018, subsequent to the third quarter, the Company was granted the mine permit for the Limon Central Pit in Nicaragua and is currently finalizing a positive El Limon Mine expansion study, expected to be released in the second-half of October 2018
Based on extensive exploration drilling, the Company is completing a new mineral resource for the Fekola deposit, including a portion of the Fekola North Extension, expected to be released in the second-half of October 2018; and is also conducting engineering and other technical studies to ascertain the potential for expanding the current Fekola Mine, with initial results expected to be released in the first quarter of 2019

2018 First Nine Months Highlights

Record consolidated year-to-date gold production of 721,817 ounces, 5% (31,888 ounces) above original budget and 85% (332,005 ounces) higher than the first nine months of 2017
Record consolidated year-to-date gold revenue of $953 million on record year-to-date sales of 749,102 ounces at an average price of $1,272 per ounce
The 2018 Mali exploration budget has been increased by $4 million (from $15 million to $19 million), based on good drill results to date, to accelerate the current Fekola North Extension zone drill program
B2Gold is well on target to achieve transformational growth in 2018 and currently expects to meet the upper end of its revised gold production guidance range of between 920,000 and 960,000 ounces (original guidance was between 910,000 and 950,000 ounces) in 2018 at cash operating costs (see “Non-IFRS Measures”) of between $505 and $550 per ounce and all-in sustaining costs (“AISC”) (see “Non-IFRS Measures”) of between $780 and $830 per ounce

greenhorn schrieb am 18.07.2018, 11:24 Uhr[/url]"]BTO - entwickelt sich.........aber noch deutlich Potential mit den Fakten im Rücken, nur meiner Meinung nach
http://www.b2gold.com/_resources/B2Gold Corporate Presentation - June 2018 FINAL i.pdf

greenhorn schrieb am 11.07.2018, 12:09 Uhr[/url]"]mal was Long zu 2,08 Euro vorab - liest TOP!

B2Gold Reports Continued Very Strong Second Quarter & First-Half 2018 Gold Production; Second Quarter Gold Production Doubles to 240,000 Ounces; Gold Revenues Increase by $121 Million to $285 Million
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:BTO-2632335&symbol=BTO&region=C
2018-07-11 05:16 ET - News Release

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2018) - B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce its gold production and gold revenue for the second quarter and first-half of 2018. All dollar figures are in United States dollars unless otherwise indicated.

2018 Second Quarter Highlights

Record quarterly consolidated gold production of 240,093 ounces, a significant increase of 98% (or 118,645 ounces) over the same period last year and 7% (or 16,308 ounces) above budget, due to the continued strong performances of the Fekola Mine in Mali, Masbate Mine in the Philippines and the Otjikoto Mine in Namibia
Consolidated gold revenue of $285 million, a significant increase of 73% (or $121 million) over the same period last year
Fekola Mine continued to operate above plan, producing 112,644 ounces of gold in the quarter, 11% (or 11,225 ounces) above budget
Based on Fekola’s strong year-to-date performance, Fekola’s annual production guidance has been revised higher to be between 420,000 to 430,000 ounces of gold (original guidance was between 400,000 to 410,000 ounces)
Masbate Mine continued its remarkable safety performance, extending the number of days without a Lost-Time-Injury to 989 days at the end of the second quarter of 2018
The 2018 Mali exploration budget has been increased by $4 million (from $15 million to $19 million), based on good drill results to date, to accelerate the current Fekola North Extension zone drill program

2018 First-Half Highlights

Record consolidated first-half gold production of 479,777 ounces, 7% (or 32,560 ounces) above budget and 89% (or 225,593 ounces) higher than the first-half of 2017
Record consolidated first-half gold revenue of $629 million on record sales of 480,575 ounces at an average price of $1,309 per ounce
B2Gold is well on target to achieve transformational growth in 2018 and has revised its annual gold production guidance higher to between 920,000 and 960,000 ounces (original guidance was between 910,000 and 950,000 ounces) in 2018 at cash operating costs (see “Non-IFRS Measures”) of between $505 and $550 per ounce and all-in sustaining costs (“AISC”) (see “Non-IFRS Measures”) of between $780 and $830 per ounce

 

[greenhorn]

1nq man beachte das Handelsvolumen der letzten beiden Tage........Q3 Ergebnisse voraus

greenhorn schrieb am 21.09.2018, 08:37 Uhr[/url]"]https://www.stockwatch.com/News/Item.aspx?bid=Z-C:KASH-2661634&symbol=KASH&region=C

Hashchain assigns Node40 debt to Global Crypto

2018-09-20 18:00 ET - News Release

Mr. Patrick Gray reports

HASHCHAIN TECHNOLOGY ANNOUNCES AMENDMENT TO ASSET PURCHASE AGREEMENT WITH NODE40

Hashchain Technology Inc. has entered into a definitive agreement to amend its previously disclosed asset purchase agreement with Node40.

Terms of the original asset purchase agreement with Node40

Under the asset purchase agreement for the acquisition of the Node40 business, Hashchain acquired the Node40 business for a purchase price comprising $8-million (U.S.) in cash, payable as to $4-million (U.S.) at closing (subject to a closing adjustment provision), and $2-million (U.S.) on each of 180 days and one year following the closing date, and a total of 3,144,134 common shares in the capital of Hashchain, to be issued in the following amounts and on the following dates: (i) 1.8 million shares on the closing date, (ii) 700,247 shares on the date that is 180 days following the closing date; and (iii) 643,887 shares on the one-year anniversary of the closing date, subject to the vendor of Node 40's option to receive cash in lieu of up to 30 per cent of the shares issuable pursuant to (ii) and (iii) above to a maximum of $600,000 (U.S.) for (ii) and $600,000 (U.S.) for (iii) above.

Terms of amended asset purchase agreement with Node40

Hashchain assigned to its wholly owned subsidiary Global Crypto Public Accounting Ltd., and Global assumed the cash debt and agreed to discharge such cash debt by paying the vendor $2-million (U.S.) on Feb. 15, 2019. The vendor agreed to cancel 3.6 million shares held by the vendor in exchange for the Masternode rewards and all Dash cryptocurrency paid to Hashchain by customers of the Node40 accounting software.

The vendor elected to be paid $1.2-million (U.S.) by Global and receive an aggregate total of 940,894 shares on Feb. 15, 2019, in satisfaction of the second and third share issuances mentioned above from the APA.

Immediately prior to the spinoff (as defined below), Hashchain agreed to subscribe for 900 Class A common shares of Global for an aggregate purchase price of $400,000, such funds to be used for working capital expenses, and Global will issue the vendor 110 Class A common shares.

Hashchain previously disclosed its intent to separate the company into two independent publicly traded companies: one business focused on cryptocurrency mining (Hashchain) and the other on cryptocurrency accounting and tax compliance software, including other disruptive blockchain technology solutions (Global).

About Hashchain Technology Inc.

HashChain is a blockchain company, and the first publicly traded Canadian cryptocurrency mining company to file a final prospectus supporting highly scalable and flexible mining operations across all major cryptocurrencies. Hashchain taps low-cost North American power, cool climate and high-speed Internet: the trifecta most critical to mining success, to create a competitive position for maximizing the number of mining wins. Hashchain currently operates 100 Dash mining rigs and 8,395 bitcoin rigs with an additional 3,500 rigs to be deployed from its previously announced acquisitions. Once all rigs are operational, Hashchain's mining operations will consist of 11,995 rigs consuming approximately 17.5 megawatts of power.

© 2018 Canjex Publishing Ltd. All rights reserved.

 

[greenhorn]

TV - Trevali Mining, kleines Sorgenkind nach Höhenflug..........aber sie arbeiten hart an der Rückkehr in grüne Gefilde.......denke die packen es.......aber das ist nur meine persönliche Meinung

Trevali loses $30.8-million (U.S.) in Q3 2018
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:TV-2680501&symbol=TV&region=C
2018-11-07 17:38 ET - News Release

Mr. Mark Cruise reports

TREVALI REPORTS Q3-2018 FINANCIAL RESULTS

Trevali Mining Corp. has released its financial results for the three and nine months ended Sept. 30, 2018, and intends to launch a normal course issuer bid. Third quarter ("Q3") net loss was $30.8 million ($0.04 per share) and EBITDA1 was a $22.4 million loss on net revenues of $30.5 million. All financial figures are in U.S. dollars.

Summary:

Zinc production of 101.6 million pounds of payable zinc compared to 103.9 million pounds of payable zinc during the previous 3 months at a C1 cash cost1 of $0.72 per pound, in line with annual guidance.
Net loss of $30.8 million or $0.04 per share and adjusted EBITDA1 of negative $21.1 million due to lower sales from the African business units as a result of an inventory build up, coupled with lower commodity prices impacting open sales invoicing from previous quarters. The decline in metal prices during the quarter resulted in a negative provisional pricing adjustment of $42.6 million compared to $0.8 million for the three months ended September 30, 2017. Inventory build up is expected to be reduced and reflected in fourth quarter sales. Should the sales have been made in September, Q3 earnings would have benefited by $0.01/share and EBITDA by approximately $11 million.
Maintained strong working capital position of $175.4 million as of September 30, 2018 ($144.4 million at December 31, 2017) and net debt1 and total debt of $61.7 million and $154.8 million, respectively ($66.4 million and $160.6 million at December 31, 2017).
Entered into an amended and restated credit agreement with a syndicate of lenders for a new $275.0 million Revolving Credit Facility, resulting in reduced interest payments and affording the Company the flexibility to repay debt without compromising total available liquidity.
On October 22, 2018, the Company announced updated 2018 guidance for the Caribou Mine, with zinc production guidance reduced to 70 to 75 million pounds (from 86 to 90 million pounds) due to localized adverse ground conditions.
At Perkoa, the mine's 2018 zinc production guidance is raised to 172 to 180 million pounds payable metal, from 164 to 174 million pounds.
The Company continues to expect original annual production and operational costs guidance to be achieved.

This news release should be read in conjunction with Trevali's unaudited condensed consolidated financial statements and management's discussion and analysis for the three and nine months ended September 30, 2018, which is available on Trevali's website and on SEDAR at www.sedar.com. Certain financial information is reported herein using non-IFRS measures. Please refer to "Use of Non-IFRS Financial Performance Measures" below.

"Clearly Q3 was a challenging quarter from an African logistics and commodity price volatility perspective. Namibian shipments occurred immediately post quarter, we continue to focus on Perkoa concentrate haulage, commodity prices are currently stable and the macro zinc price environment remains constructive" stated Dr. Mark Cruise, Trevali's President and Chief Executive Officer. "Operationally, Caribou's guidance was adjusted downwards to allow the site to focus on increasing development to provide additional mine flexibility going forward. This was largely offset by another stellar production quarter from Perkoa, with the net result that the Company remains on track to achieve annual production guidance."

 

[Kostolanys Erbe]

Kam zu 0,05 CAN$ nicht mehr rein.

Habe jeden Tag Kash verfolgt....und dachte....schöne Bodenbildung...könnte charttechnisch eine Untertasse werden....

Habe eine Speku-Position Hut 8 Mining gekauft. Heute kommen Q-Zahlen....

https://ceo.ca/@nasdaq/hut-8-completes-construction-at-medicine-hat-facility

greenhorn schrieb am 08.11.2018, 10:13 Uhr[/url]"] 1nq man beachte das Handelsvolumen der letzten beiden Tage........Q3 Ergebnisse voraus

greenhorn schrieb am 21.09.2018, 08:37 Uhr[/url]"]https://www.stockwatch.com/News/Item.aspx?bid=Z-C:KASH-2661634&symbol=KASH&region=C

Hashchain assigns Node40 debt to Global Crypto

2018-09-20 18:00 ET - News Release

Mr. Patrick Gray reports

HASHCHAIN TECHNOLOGY ANNOUNCES AMENDMENT TO ASSET PURCHASE AGREEMENT WITH NODE40

Hashchain Technology Inc. has entered into a definitive agreement to amend its previously disclosed asset purchase agreement with Node40.

Terms of the original asset purchase agreement with Node40

Under the asset purchase agreement for the acquisition of the Node40 business, Hashchain acquired the Node40 business for a purchase price comprising $8-million (U.S.) in cash, payable as to $4-million (U.S.) at closing (subject to a closing adjustment provision), and $2-million (U.S.) on each of 180 days and one year following the closing date, and a total of 3,144,134 common shares in the capital of Hashchain, to be issued in the following amounts and on the following dates: (i) 1.8 million shares on the closing date, (ii) 700,247 shares on the date that is 180 days following the closing date; and (iii) 643,887 shares on the one-year anniversary of the closing date, subject to the vendor of Node 40's option to receive cash in lieu of up to 30 per cent of the shares issuable pursuant to (ii) and (iii) above to a maximum of $600,000 (U.S.) for (ii) and $600,000 (U.S.) for (iii) above.

Terms of amended asset purchase agreement with Node40

Hashchain assigned to its wholly owned subsidiary Global Crypto Public Accounting Ltd., and Global assumed the cash debt and agreed to discharge such cash debt by paying the vendor $2-million (U.S.) on Feb. 15, 2019. The vendor agreed to cancel 3.6 million shares held by the vendor in exchange for the Masternode rewards and all Dash cryptocurrency paid to Hashchain by customers of the Node40 accounting software.

The vendor elected to be paid $1.2-million (U.S.) by Global and receive an aggregate total of 940,894 shares on Feb. 15, 2019, in satisfaction of the second and third share issuances mentioned above from the APA.

Immediately prior to the spinoff (as defined below), Hashchain agreed to subscribe for 900 Class A common shares of Global for an aggregate purchase price of $400,000, such funds to be used for working capital expenses, and Global will issue the vendor 110 Class A common shares.

Hashchain previously disclosed its intent to separate the company into two independent publicly traded companies: one business focused on cryptocurrency mining (Hashchain) and the other on cryptocurrency accounting and tax compliance software, including other disruptive blockchain technology solutions (Global).

About Hashchain Technology Inc.

HashChain is a blockchain company, and the first publicly traded Canadian cryptocurrency mining company to file a final prospectus supporting highly scalable and flexible mining operations across all major cryptocurrencies. Hashchain taps low-cost North American power, cool climate and high-speed Internet: the trifecta most critical to mining success, to create a competitive position for maximizing the number of mining wins. Hashchain currently operates 100 Dash mining rigs and 8,395 bitcoin rigs with an additional 3,500 rigs to be deployed from its previously announced acquisitions. Once all rigs are operational, Hashchain's mining operations will consist of 11,995 rigs consuming approximately 17.5 megawatts of power.

© 2018 Canjex Publishing Ltd. All rights reserved.

 

[greenhorn]

First Cobalt Begins Testing Material for Refinery Restart
https://app.quotemedia.com/quotetoo...LMIN&symbology=null&cp=null&webmasterId=90338
Canada NewsWire

TORONTO, Nov. 8, 2018

TORONTO, Nov. 8, 2018 /CNW/ - First Cobalt Corp. (TSX-V: FCC; ASX: FCC; OTCQX: FTSSF) (the "Company") is pleased to announce that it has commenced testing cobalt hydroxide material as feedstock for the First Cobalt Refinery.

Highlights

SGS Canada retained to test suitability of different cobalt feed material using the First Cobalt Refinery's current flowsheet
Cobalt hydroxide material to be assessed as a source of feed for the refinery to produce cobalt sulphate or metallic cobalt products for sale into the North American market
Discussions are underway with cobalt miners and commodity traders to explore options for ethically sourced cobalt hydroxide
Cobalt Camp muckpile sampling and ore sorting programs indicate potential as incremental feed

Trent Mell, President & Chief Executive Officer, commented:

"Our objective is to enter into a long-term agreement for a reliable source of ethically-mined cobalt. The cash flow potential from restarting the refinery in as little as 18 months could allow us to fund a significant amount of work to advance our flagship Iron Creek Cobalt Project in Idaho, USA while also providing a much-needed North American source of cobalt. In parallel with these tests, management has commenced discussions with third party sources of capital that would minimize or eliminate any equity dilution associated with a restart of the First Cobalt Refinery."

The First Cobalt Refinery is a hydrometallurgical cobalt refinery in the Canadian Cobalt Camp, approximately 500 kilometres from the US border. On October 10, the Company released the results of three independent studies undertaken to estimate capital requirements, operating costs, permit renewal timelines, potential feedstock options and offtake opportunities. At a 24 tonne per day feed rate and using the current flowsheet, the capital cost of the restart is estimated at US$25.7M (including a 30% contingency) and a permitting review concluded that a restart is possible within 18 months of selecting a feedstock.

The Company is exploring various sources of feed for the refinery, which could include cobalt concentrate from mining operations, cobalt hydroxide and recycled battery materials from North America. With some flowsheet modifications, the refinery could produce a cobalt sulphate for the lithium-ion battery market or cobalt metal for the North American aerospace industry or other industrial applications. Current market conditions indicate that pricing for cobalt sulphate is in line with cobalt metal.

The Company has engaged SGS Canada, a leading firm in mineral processing, metallurgy and process design, to test cobalt hydroxide and other material using the existing flowsheet of the First Cobalt Refinery and make recommendations on changes to the flowsheet to accommodate refining of cobalt hydroxide feed. Test work includes processing cobalt hydroxide using the First Cobalt Refinery flowsheet to a finished cobalt sulphate product. The test work will also examine the steps necessary to produce cobalt metal that would be produced through electrowinning.

The Company is also engaging in discussions with companies specializing in the marketing and sourcing of concentrates to secure sources of ethically produced cobalt as feedstock for the First Cobalt Refinery.

The Refinery historically produced cobalt carbonate, nickel carbonate and silver precipitate which can be smelted to produce doré. In order to produce cobalt sulphate, the flowsheet would be modified to include a cobalt crystallization circuit.

A final decision on whether to put the Refinery back into production has not been made at this time and any decision is contingent on the outcome of the foregoing studies and discussions, as well as the sourcing of viable feedstock.

Muckpile Sampling and Ore Sorting Programs

First Cobalt has sampled a number of historic muckpiles in the Cobalt Camp to determine whether this material could be concentrated and used as incremental feedstock for the First Cobalt Refinery, depending on the flowsheet.

In late 2017 and the first half of 2018, over 400 samples were collected from a number of muckpiles on First Cobalt's patented ground to study the potential for processing lower grade material from historic mining operations. Samples were collected using an excavator to create a cross section through each muckpile and taken at various depths from within. In tandem with the sampling program, three one-tonne samples were collected to test ore sorting technology with the intent of increasing the head grade of feed material.

Ore sorting techniques have been particularly effective in increasing head grade without a significant loss of payable minerals. Sampled muckpiles had an average grade ranging from 0.04% to 0.10% Co and from 10 grams per tonne (gpt) to 60 gpt Ag before ore sorting. After ore sorting, the average feed grade was increased from 0.081% Co and 46 gpt Ag to an average of 0.575% Co and 190 gpt Ag, representing a 7.1-times increase in cobalt grade and 4.1-times increase of silver grade. The ore sorting process provided an estimated 85% cobalt recovery and 58% silver recovery. Average results are based on five assayed ore sorting tests that were conducted in Austria during October 2018.

A total of 20 high priority muckpiles have been identified in Cobalt North, where total tonnage is estimated at 190,000 to 290,000 tonnes depending on thickness assumptions. These sampled muckpiles represent a portion of the muckpiles situated on First Cobalt's properties and across the entire Cobalt Camp. Muckpiles in Cobalt Central and Cobalt South have yet to be surveyed to the same degree of confidence, however the majority of muckpiles are found in Cobalt North, where most of the historic mining occurred. Preliminary ore sorting tests indicate average weight recovery of sorted material to be approximately 14%.

While testing of historic muckpiles in the Cobalt Camp remains ongoing, and this historic material may in the future provide an incremental source of feedstock to the Refinery, further work is required and at this time the Company anticipates sourcing all feedstock from third-party sources.

dukezero schrieb am 07.11.2018, 15:33 Uhr[/url]"]

dukezero schrieb am 07.11.2018, 10:07 Uhr[/url]"]

dukezero schrieb am 07.11.2018, 08:37 Uhr[/url]"]http://rohstoffbrief.com/2018/11/07/alarm-auf-glencore-mine-kobalt-mit-uran-verseucht/?fbclid=IwAR2a3pXWL6E7i3A_rdW0PCsMxG11d9ATwkoc9ghGRXPwrH472fGZuKsqgs8


Alarm auf Glencore-Mine: Kobalt mit Uran verseucht
Die von Glencore dominierte Katanga Mining muss ihre Kamoto-Kobaltmine vorerst schließen. Im Kobalthydroxid wurden Spuren von Uran entdeckt. Das könnte Auswirkungen auf den Weltmarkt und die Batterieindustrie haben.

Einige Cobaltwerte laufen an! FCC,ECS.....

 

[Sltrader]

Rest raus zu 1,67 CAD keine Geduld

Sltrader schrieb am 01.11.2018, 09:26 Uhr[/url]"]hab da gestern ein weiteres 1/4 zu 1,72 verloren, rest bleibt mal mit stop Einstand drinnen (ohne maß anzulegen hätte ich 2,30 gesagt)

Sltrader schrieb am 30.10.2018, 19:52 Uhr[/url]"]Hälfte mal raus zu 1,56

Ollinho schrieb am 30.10.2018, 16:14 Uhr[/url]"]Kauf GUY 1,31 Can$!

Sltrader schrieb am 30.10.2018, 15:12 Uhr[/url]"]bin da auch dabei zu 1,51 CAD

greenhorn schrieb am 30.10.2018, 15:08 Uhr[/url]"]gg3 mal Long zu 1,04
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:GUY-2675832&symbol=GUY
auch wenn es einem "Offenbarungseid" gleicht.....höhere Kosten, Ressourcenschätzung wird überarbeitet und die Produktionsziele für 2018 werden reduziert.....operativ läufts trotzdem und die Cashposi wird aufgebaut

aktuell -50 %

 

[Sltrader]

gestern mal R ne Spaßpos zu 0,02 CAD genommen mal schauen was daraus wird

 

[600]

GGD gefällt mir ganz gut.
Seltsames Orderbuch mit extremen bid-Überhang, sowas noch nie gesehen. Müsste eigentlich laufen, aber wahrscheinlich ziemlich manipuliert...

 

[Kostolanys Erbe]

Anaconda Mining loses $936,755 in Q3 2018



2018-11-08 11:05 ET - News Release



Mr. Dustin Angelo reports

ANACONDA MINING REPORTS THIRD QUARTER 2018 RESULTS; GENERATES $1.6 MILLION OF CASH FLOW FROM OPERATING ACTIVITIES

Anaconda Mining Inc. has released its financial and operating results for the three and nine months ended Sept. 30, 2018. The condensed interim consolidated financial statements and management's discussion and analysis can be found on SEDAR and at the company's website.

In 2017, the Company changed its fiscal year-end to December 31, from its previous fiscal year end of May 31. For comparative purposes, the results for the three and nine months ended Sept. 30, 2018 , have been compared to the three and nine months ended Aug. 31, 2017.

Third Quarter 2018 Highlights:

..................

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aANX-2681152&symbol=ANX&region=C

 

[Kostolanys Erbe]

Volumen!!!

600 schrieb am 08.11.2018, 17:35 Uhr[/url]"]GGD gefällt mir ganz gut.
Seltsames Orderbuch mit extremen bid-Überhang, sowas noch nie gesehen. Müsste eigentlich laufen, aber wahrscheinlich ziemlich manipuliert...

 

[Kostolanys Erbe]

Hut 8 Mining loses $11.44-million in Q3 2018



2018-11-08 13:18 ET - News Release



Mr. Andrew Kiguel reports

HUT 8 MINING CORP. REPORTS FINANCIAL RESULTS FOR THIRD QUARTER 2018

Hut 8 Mining Corp. has released its financial results for the third quarter ended Sept. 30, 2018.

Highlights:

Record revenue of $17.7 million for Q3 and $36.4 million for the nine months ended September 30, 2018.
Adjusted EBITDA of $7.1 million for Q3 and $18.7 million for the nine months ended September 30, 2018.
Completion of installation and operation of 56 BlockBoxes in the City of Medicine Hat facility ("CMH"), representing an increase of 67.2 MW of operating capacity.
Closing of US$16 million loan facility with Galaxy Digital.
1,978 bitcoin mined in Q3.




Three months ended Nine months ended
September 30, 2018 September 30, 2018

Revenue $ 17,654,901 $ 36,444,220

Site operating costs (8,727,399 ) (13,736,529 )

Mining profit 8,927,502 22,707,691
Mining profit margin 51 % 62 %

Depreciation (17,440,571 ) (28,981,535 )

Gross profit $ (8,513,069 ) $ (6,273,844 )
Gross profit margin -48 % -17 %

Expenses (2,618,779 ) (7,810,921 )

Net operating loss (11,131,848 ) (14,084,765 )

Fair value loss on re-measurement of digital assets (317,177 ) (6,146,449 )
Foreign exchange gain 251,123 248,673
Net finance expense (245,976 ) (213,661 )

Net loss and comprehensive loss (11,443,878 ) (20,196,202 )

Adjusted EBITDA $ 7,176,479 $ 18,726,896
Adjusted EBITDA margin 41 % 51 %
Net loss per share - basic and diluted $ (0.14 ) $ (0.25 )

Bitcoin mined 1,978 3,581
Cost per bitcoin (USD) $ 3,394 $ 2,977






Q3 2018 was the first quarter for Hut 8 that included the impact of mining operations at our CMH facility, which includes 40 BlockBoxes beginning in July 2018, together with an additional 16 BlockBoxes in September 2018, for an aggregate of 56 BlockBoxes at that site. As a result of this increased capacity, Hut 8 produced $17.7 million of revenue for the quarter, its largest ever for a single quarter and a 126% increase from the prior quarter revenue of $7.8 million.

The Company also recorded $7.2 million in Adjusted EBITDA, an 86% increase from the prior quarter of $3.9 million, largely as a result of increased revenue from the new facility at CMH. Efficiency of the ASIC chips used to mine bitcoin is expected to increase during the colder months in Alberta, leading to improved performance in Q4 when compared to Q3.

Hut 8's cost for mining a bitcoin in Q3 2018 was US$3,394, which is below the current market bitcoin price of approximately US$6,500, making Hut 8 amongst the lowest-cost miners of bitcoin in the world. This is reflected in the Company's quarterly results, as its mining profit for the quarter was $8.8 million with a mining profit margin of 51%.

Hut 8's mining profit margin and adjusted EBITDA margins were lower during Q3 for two reasons: (i) the price of bitcoin appreciated through the quarter, combined with increased competition from other bitcoin miners (expressed through increased network hash rate); and (ii) to a lesser extent, record setting summer temperatures in Alberta that caused increases in the price of electricity at its Drumheller facility, which facility procures electricity from the Alberta grid. The impact of a hot summer was far less at Hut 8's larger facility in CMH, which purchases the majority of its electricity under contract with fixed prices.

"Our Drumheller facility represents approximately 20% of our operations," said Andrew Kiguel, Chief Executive Officer of Hut 8. "This summer, a record-setting heat wave in the province resulted in increased electricity costs during certain periods. The result was increased electricity costs at the Drumheller site by approximately $0.01 per Kilowatt hour on average. We are actively managing our exposure to market prices through a number of different means. Despite this, Hut 8 achieved record revenue for Q3 and strong overall margins."

A conference call has been scheduled to discuss the Company's third quarter financial results, hosted by CEO Andrew Kiguel and CFO Jimmy Vaiopoulos, starting at 10:00 a.m. ET today.

Date: Thursday, November 8, 2018

Time: 10:00 a.m. ET

Dial-In: 1 (888) 465-5079, Canada 1 (888) 424-8151, US

Passcode: 6281 943#

Hut 8 currently operates a total of 73 BlockBox Data Centers, including 56 BlockBoxes at its facility in CMH, Alberta, each BlockBox with 1.2 MW of capacity, representing an aggregate of 67.2 MW of maximum operating power capacity. Hut 8 is currently operating: (a) approximately 63.2 MW in CMH with a target to reach full capacity of 67.2 MW in Q1 2019; and (b) 17 BlockBoxes at its facility in Drumheller, Alberta, representing an aggregate of 18.7 MW of maximum operating power capacity. Hut 8 has a total maximum operating power capacity of 85.9 MW and an average actual operating hash rate of over 640 Petahashes per second.

This earnings release should be read in conjunction with the Company's Management Discussion & Analysis, Financial Statements and Notes to Financial Statements for Q3 2018, which has been posted under the Company's profile on SEDAR at www.sedar.com and are also available on the Company's website at www.hut8mining.com.

Since beginning its mining operations in December 2017, Hut 8 has mined more than 4,200 bitcoin. As of September 30, 2018, Hut 8 had 85,228,858 shares outstanding, 965,000 options and 2,882,222 warrants.

ABOUT HUT 8 MINING CORP.

Hut 8 Mining Corp., headquartered in Toronto, Canada is a cryptocurrency mining company established through an exclusive arrangement with the Bitfury Group, the world's leading full-service blockchain technology company. Through the Bitfury Group, Hut 8 has access to a world-leading proprietary mix of hardware, software and operational expertise to construct, optimize and manage data centres in low-cost and attractive jurisdictions.

Hut 8 provides investors with direct exposure to bitcoin, without the technical complexity or constraints of purchasing the underlying cryptocurrency. Investors avoid the need to create online wallets, wire money offshore and safely store their bitcoin. Hut 8 provides a secure and simple way to invest.

Key investment highlights and FAQ's: https://www.hut8mining.com/investors.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aHUT-2681241&symbol=HUT&region=C

Kostolanys Erbe schrieb am 08.11.2018, 11:45 Uhr[/url]"]Kam zu 0,05 CAN$ nicht mehr rein.

Habe jeden Tag Kash verfolgt....und dachte....schöne Bodenbildung...könnte charttechnisch eine Untertasse werden....

Habe eine Speku-Position Hut 8 Mining gekauft. Heute kommen Q-Zahlen....

https://ceo.ca/@nasdaq/hut-8-completes-construction-at-medicine-hat-facility

greenhorn schrieb am 08.11.2018, 10:13 Uhr[/url]"] 1nq man beachte das Handelsvolumen der letzten beiden Tage........Q3 Ergebnisse voraus

greenhorn schrieb am 21.09.2018, 08:37 Uhr[/url]"]https://www.stockwatch.com/News/Item.aspx?bid=Z-C:KASH-2661634&symbol=KASH&region=C

Hashchain assigns Node40 debt to Global Crypto

2018-09-20 18:00 ET - News Release

Mr. Patrick Gray reports

HASHCHAIN TECHNOLOGY ANNOUNCES AMENDMENT TO ASSET PURCHASE AGREEMENT WITH NODE40

Hashchain Technology Inc. has entered into a definitive agreement to amend its previously disclosed asset purchase agreement with Node40.

Terms of the original asset purchase agreement with Node40

Under the asset purchase agreement for the acquisition of the Node40 business, Hashchain acquired the Node40 business for a purchase price comprising $8-million (U.S.) in cash, payable as to $4-million (U.S.) at closing (subject to a closing adjustment provision), and $2-million (U.S.) on each of 180 days and one year following the closing date, and a total of 3,144,134 common shares in the capital of Hashchain, to be issued in the following amounts and on the following dates: (i) 1.8 million shares on the closing date, (ii) 700,247 shares on the date that is 180 days following the closing date; and (iii) 643,887 shares on the one-year anniversary of the closing date, subject to the vendor of Node 40's option to receive cash in lieu of up to 30 per cent of the shares issuable pursuant to (ii) and (iii) above to a maximum of $600,000 (U.S.) for (ii) and $600,000 (U.S.) for (iii) above.

Terms of amended asset purchase agreement with Node40

Hashchain assigned to its wholly owned subsidiary Global Crypto Public Accounting Ltd., and Global assumed the cash debt and agreed to discharge such cash debt by paying the vendor $2-million (U.S.) on Feb. 15, 2019. The vendor agreed to cancel 3.6 million shares held by the vendor in exchange for the Masternode rewards and all Dash cryptocurrency paid to Hashchain by customers of the Node40 accounting software.

The vendor elected to be paid $1.2-million (U.S.) by Global and receive an aggregate total of 940,894 shares on Feb. 15, 2019, in satisfaction of the second and third share issuances mentioned above from the APA.

Immediately prior to the spinoff (as defined below), Hashchain agreed to subscribe for 900 Class A common shares of Global for an aggregate purchase price of $400,000, such funds to be used for working capital expenses, and Global will issue the vendor 110 Class A common shares.

Hashchain previously disclosed its intent to separate the company into two independent publicly traded companies: one business focused on cryptocurrency mining (Hashchain) and the other on cryptocurrency accounting and tax compliance software, including other disruptive blockchain technology solutions (Global).

About Hashchain Technology Inc.

HashChain is a blockchain company, and the first publicly traded Canadian cryptocurrency mining company to file a final prospectus supporting highly scalable and flexible mining operations across all major cryptocurrencies. Hashchain taps low-cost North American power, cool climate and high-speed Internet: the trifecta most critical to mining success, to create a competitive position for maximizing the number of mining wins. Hashchain currently operates 100 Dash mining rigs and 8,395 bitcoin rigs with an additional 3,500 rigs to be deployed from its previously announced acquisitions. Once all rigs are operational, Hashchain's mining operations will consist of 11,995 rigs consuming approximately 17.5 megawatts of power.

© 2018 Canjex Publishing Ltd. All rights reserved.

 

[greenhorn]

Guten Morgen!

 

[greenhorn]

FCC
First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) on Safer Ground at Iron Creek Project as Risks of Toxic Supplies from Congo Increase
https://www.networknewswire.com/de/...-risks-of-toxic-supplies-from-congo-increase/
November 9, 2018

Radioactivity detected in cobalt supplies from Democratic Republic of the Congo
Cobalt demand set to rise as EV production continues upward trajectory
First Cobalt’s Idaho Iron Creek Project reports encouraging estimates

The decision by First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC) to shed its cobalt assets in the Democratic Republic of the Congo and focus on North America is looking increasing prescient. Cobalt operations in the Congo, already tainted by reports of human rights violations, have become even more toxic after traces of radioactivity were detected in claims being mined by Anglo-Swiss miner Glencore (OTC: GLNCY). Apparently, the level of uranium (http://nnw.fm/y5qcK) present in the cobalt hydroxide produced by Glencore subsidiary Katanga Mining exceeds “the acceptable limit allowed for export of the product through main African ports to customers.”

As a result, Katanga announced that it had halted “cobalt exports from its Kamoto Project in Democratic Republic of Congo, while it builds a facility to remove uranium.” In Idaho, at its Iron Creek Project, First Cobalt is on safer ground. Instead of uranium, the cobalt being explored there is more likely to be associated with copper, harmful only if you ingest too much of it.

First Cobalt’s Iron Creek Project is located close to the U.S. automotive industries in California and Michigan, which means that it could play a major role in the cobalt supply chain as electric vehicle output rises. Global sales of electric vehicles are projected to grow at a CAGR of 32.57 percent, from 1.50 million units in 2018 to 10.79 million units by 2025, driven by a number of factors. These include worldwide government support in the form of subsidies, grants and tax rebates; charging facilities with improved capability; the increasing range of EVs; and a general reduction in battery costs. The U.S. currently commands a mere two percent of the global market, but its share is expected to rise to 14 percent by 2025.

Cobalt’s importance stems from its employment in battery technology. The metal is used as cathode material in many lithium battery technologies. It comprises about 10 percent of lithium-nickel-cobalt-aluminum-oxide (NCA) batteries, 15 percent of lithium-nickel-manganese-cobalt-oxide batteries (NMC) and 55 percent of lithium-cobalt-oxide batteris (LCO), according to Statista (http://nnw.fm/v3fPW).

In Oktober 2018, First Cobalt Corp released the results of its first NI 43-101 Mineral Resource Estimate for the 100 percent-owned Iron Creek Cobalt Project in Idaho. The company announced Inferred Mineral Resources of 29.6 million tons (26.9 million tonnes) grading 0.11 percent cobalt equivalent, under a base case scenario, and an alternative underground-only scenario indicating 4.9 million tons (4.4 million tonnes) grading 0.30 percent cobalt equivalent (http://nnw.fm/Af2zz).

The company has now accelerated exploration activity intended to explore extensions to the east, west and at depth of the known resource with two additional drill rigs (http://nnw.fm/V0V2w). A total of 81 holes and over 29,000 meters are planned, primarily from new surface drilling stations constructed earlier this year. Drilling will test down dip extensions of known cobalt-copper zones to over 300 meters below surface and test lateral strike over one kilometer to extend mineralization beyond the current 520 meters.

First Cobalt Corp., with headquarters in Canada, is a North American pure-play cobalt company with three significant assets: the Iron Creek Project in Idaho, which has a historic mineral resource estimate (non-compliant with NI 43-101) of 1.3 million tons grading 0.59 percent cobalt; the Canadian Cobalt Camp, with more than 50 past producing mines; and the only permitted cobalt refinery in North America capable of producing battery materials.

greenhorn schrieb am 08.11.2018, 13:10 Uhr[/url]"]First Cobalt Begins Testing Material for Refinery Restart
https://app.quotemedia.com/quotetoo...LMIN&symbology=null&cp=null&webmasterId=90338
Canada NewsWire

TORONTO, Nov. 8, 2018

TORONTO, Nov. 8, 2018 /CNW/ - First Cobalt Corp. (TSX-V: FCC; ASX: FCC; OTCQX: FTSSF) (the "Company") is pleased to announce that it has commenced testing cobalt hydroxide material as feedstock for the First Cobalt Refinery.

Highlights

SGS Canada retained to test suitability of different cobalt feed material using the First Cobalt Refinery's current flowsheet
Cobalt hydroxide material to be assessed as a source of feed for the refinery to produce cobalt sulphate or metallic cobalt products for sale into the North American market
Discussions are underway with cobalt miners and commodity traders to explore options for ethically sourced cobalt hydroxide
Cobalt Camp muckpile sampling and ore sorting programs indicate potential as incremental feed

Trent Mell, President & Chief Executive Officer, commented:

"Our objective is to enter into a long-term agreement for a reliable source of ethically-mined cobalt. The cash flow potential from restarting the refinery in as little as 18 months could allow us to fund a significant amount of work to advance our flagship Iron Creek Cobalt Project in Idaho, USA while also providing a much-needed North American source of cobalt. In parallel with these tests, management has commenced discussions with third party sources of capital that would minimize or eliminate any equity dilution associated with a restart of the First Cobalt Refinery."

The First Cobalt Refinery is a hydrometallurgical cobalt refinery in the Canadian Cobalt Camp, approximately 500 kilometres from the US border. On October 10, the Company released the results of three independent studies undertaken to estimate capital requirements, operating costs, permit renewal timelines, potential feedstock options and offtake opportunities. At a 24 tonne per day feed rate and using the current flowsheet, the capital cost of the restart is estimated at US$25.7M (including a 30% contingency) and a permitting review concluded that a restart is possible within 18 months of selecting a feedstock.

The Company is exploring various sources of feed for the refinery, which could include cobalt concentrate from mining operations, cobalt hydroxide and recycled battery materials from North America. With some flowsheet modifications, the refinery could produce a cobalt sulphate for the lithium-ion battery market or cobalt metal for the North American aerospace industry or other industrial applications. Current market conditions indicate that pricing for cobalt sulphate is in line with cobalt metal.

The Company has engaged SGS Canada, a leading firm in mineral processing, metallurgy and process design, to test cobalt hydroxide and other material using the existing flowsheet of the First Cobalt Refinery and make recommendations on changes to the flowsheet to accommodate refining of cobalt hydroxide feed. Test work includes processing cobalt hydroxide using the First Cobalt Refinery flowsheet to a finished cobalt sulphate product. The test work will also examine the steps necessary to produce cobalt metal that would be produced through electrowinning.

The Company is also engaging in discussions with companies specializing in the marketing and sourcing of concentrates to secure sources of ethically produced cobalt as feedstock for the First Cobalt Refinery.

The Refinery historically produced cobalt carbonate, nickel carbonate and silver precipitate which can be smelted to produce doré. In order to produce cobalt sulphate, the flowsheet would be modified to include a cobalt crystallization circuit.

A final decision on whether to put the Refinery back into production has not been made at this time and any decision is contingent on the outcome of the foregoing studies and discussions, as well as the sourcing of viable feedstock.

Muckpile Sampling and Ore Sorting Programs

First Cobalt has sampled a number of historic muckpiles in the Cobalt Camp to determine whether this material could be concentrated and used as incremental feedstock for the First Cobalt Refinery, depending on the flowsheet.

In late 2017 and the first half of 2018, over 400 samples were collected from a number of muckpiles on First Cobalt's patented ground to study the potential for processing lower grade material from historic mining operations. Samples were collected using an excavator to create a cross section through each muckpile and taken at various depths from within. In tandem with the sampling program, three one-tonne samples were collected to test ore sorting technology with the intent of increasing the head grade of feed material.

Ore sorting techniques have been particularly effective in increasing head grade without a significant loss of payable minerals. Sampled muckpiles had an average grade ranging from 0.04% to 0.10% Co and from 10 grams per tonne (gpt) to 60 gpt Ag before ore sorting. After ore sorting, the average feed grade was increased from 0.081% Co and 46 gpt Ag to an average of 0.575% Co and 190 gpt Ag, representing a 7.1-times increase in cobalt grade and 4.1-times increase of silver grade. The ore sorting process provided an estimated 85% cobalt recovery and 58% silver recovery. Average results are based on five assayed ore sorting tests that were conducted in Austria during October 2018.

A total of 20 high priority muckpiles have been identified in Cobalt North, where total tonnage is estimated at 190,000 to 290,000 tonnes depending on thickness assumptions. These sampled muckpiles represent a portion of the muckpiles situated on First Cobalt's properties and across the entire Cobalt Camp. Muckpiles in Cobalt Central and Cobalt South have yet to be surveyed to the same degree of confidence, however the majority of muckpiles are found in Cobalt North, where most of the historic mining occurred. Preliminary ore sorting tests indicate average weight recovery of sorted material to be approximately 14%.

While testing of historic muckpiles in the Cobalt Camp remains ongoing, and this historic material may in the future provide an incremental source of feedstock to the Refinery, further work is required and at this time the Company anticipates sourcing all feedstock from third-party sources.

dukezero schrieb am 07.11.2018, 15:33 Uhr[/url]"]

dukezero schrieb am 07.11.2018, 10:07 Uhr[/url]"]

dukezero schrieb am 07.11.2018, 08:37 Uhr[/url]"]http://rohstoffbrief.com/2018/11/07/alarm-auf-glencore-mine-kobalt-mit-uran-verseucht/?fbclid=IwAR2a3pXWL6E7i3A_rdW0PCsMxG11d9ATwkoc9ghGRXPwrH472fGZuKsqgs8


Alarm auf Glencore-Mine: Kobalt mit Uran verseucht
Die von Glencore dominierte Katanga Mining muss ihre Kamoto-Kobaltmine vorerst schließen. Im Kobalthydroxid wurden Spuren von Uran entdeckt. Das könnte Auswirkungen auf den Weltmarkt und die Batterieindustrie haben.

Einige Cobaltwerte laufen an! FCC,ECS.....

 

[greenhorn]

LUC - Lucara zahlt auch wieder 0,025/Aktie Dividende, bereinigt um "Sondereffekte" Kosten leicht runter und Erträge pro Karat höher

Lucara Diamond earns $5.1-million (U.S.) in Q3
https://www.stockwatch.com/News/Item.aspx?bid=Z-C:LUC-2681724&symbol=LUC&region=C
2018-11-08 19:44 ET - News Release

Ms. Eira Thomas reports

LUCARA ANNOUNCES THIRD QUARTER 2018 RESULTS

Lucara Diamond Corp. has released its results for the quarter ended Sept. 30, 2018.

HIGHLIGHTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2018

(All amounts are presented in USD)

-- Karowe's overall performance with respect to ore and waste mined, ore processed and carats recovered was within forecast for the third quarter ended September 30, 2018:
== Ore and waste mined was 1.2 million tonnes and 3.9 million tonnes respectively
== Ore processed totaled 0.73 million tonnes with a record 0.26 million tonnes processed in the month of September 2018
== 197 specials (single diamonds larger than 10.8 carats) were recovered during the third quarter, representing 4.7% weight percentage of total recovered carats, in line with expectations; 10 diamonds were recovered greater than 100 carats in weight
-- Commercialization efforts at Clara are tracking according to budget and plan with inaugural sales expected to commence in November
-- Quarterly sales revenue of $45.7 million (Q3 2017: $77.9 million) or $450 per carat (Q3 2017: $1,161 per carat) recognized during the quarter. This revenue includes proceeds of $3.9 million received in July 2018 related to the Company's June tender. Third quarter sales from 2017 included the sale of the Lesedi La Rona ("LLR") for $53 million ($47,777 per carat), adjusting for the sale of the LLR, the Q3 2017 average sales price was $389 per carat.
-- The operating cash cost for the nine months ended September 30, 2018 was $41.20 per tonne processed (2017: $32.40 per tonne processed) compared to the full year forecast cash cost of $38-$42 per tonne processed. Year to date operating cash cost per tonne processed was impacted by higher than expected tonnes mined and processed, and an increase in the cost per tonne mined due to the mining contractor transition which commenced mid-year. Forecast costs for the 2018 fiscal year are still expected to be within guidance.
-- Q3 2018 EBITDA of $18.2 million (Q3 2017: $49.8 million) reflects lower revenues attributable to a smaller volume and lower average price of exceptional stones sold, as compared to Q3 2017 which included the sale of the 1,109 carat LLR.
-- Net income for the three months ended September 30, 2018 was $5.1 million ($0.01 per share) as compared to net income of $32.9 million ($0.09 per share) in the comparative quarter of 2017.
-- As at September 30, 2018, the Company had cash and cash equivalents of $31.1 million. The $50 million credit facility remains undrawn on September 30, 2018.
-- 2018 guidance has been increased for tonnes of ore mined and carats recovered; the remainder of the Company's guidance remains unchanged for 2018.

Eira Thomas, President and CEO, commented: "Third quarter operational performance at Karowe exceeded expectations with respect to ore mined and carats produced, and reflects a seamless transition, three months ahead of schedule, to our new mining contractor, Trollope Mining Services. In parallel, we saw higher asset availability and record utilization rates for the process plant, positively impacting carat recoveries.

Growth initiatives, focused on Clara and the Karowe underground expansion opportunity, also continued to pick up momentum during the quarter. Clara commercialization efforts are now complete, and we are pleased to be moving forward with our inaugural diamond sale later this month. Clara is the world's first secure, digital rough diamond sales platform to sell diamonds individually, based on a customer's specific demand, and is positioned to completely transform the diamond sales process, creating efficiencies and unlocking significant value for producers and manufacturers alike."

 

[dukezero]

greenhorn schrieb am 09.11.2018, 16:48 Uhr[/url]"]FCC
First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) on Safer Ground at Iron Creek Project as Risks of Toxic Supplies from Congo Increase
https://www.networknewswire.com/de/...-risks-of-toxic-supplies-from-congo-increase/
November 9, 2018

https://www.cash.ch/news/boersenticker-firmen/glencore-kamoto-stoppt-auslieferung-von-kobalt-spuren-von-uran-1227692?fbclid=IwAR2tMj3Z33vBoKGrpM3bEGMrdKO8msT7FwYxKEfPXjDos-Z9IWQHVU4sb3Q

 

[amun71]

Red Eagle Mining trading halt :shock:
Verkauf, Übernahme???
Tiefer geht es ja nicht mehr....

 

[Sltrader]

habs auch gerade gesehen, entweder hop oder top

amun71 schrieb am 09.11.2018, 18:59 Uhr[/url]"]Red Eagle Mining trading halt :shock:
Verkauf, Übernahme???
Tiefer geht es ja nicht mehr....

 

[600]

Sltrader schrieb am 09.11.2018, 19:01 Uhr[/url]"]habs auch gerade gesehen, entweder hop oder top

amun71 schrieb am 09.11.2018, 18:59 Uhr[/url]"]Red Eagle Mining trading halt :shock:
Verkauf, Übernahme???
Tiefer geht es ja nicht mehr....

ich rechne eher mit einem delisting...
Zuviele Stücke wurden gestern und auch heute selbst zu 1c geschmissen, Hauptsache weg.

 

[Kostolanys Erbe]

Neue Tiefs...

Kostolanys Erbe schrieb am 08.11.2018, 18:45 Uhr[/url]"]
Anaconda Mining loses $936,755 in Q3 2018



2018-11-08 11:05 ET - News Release



Mr. Dustin Angelo reports

ANACONDA MINING REPORTS THIRD QUARTER 2018 RESULTS; GENERATES $1.6 MILLION OF CASH FLOW FROM OPERATING ACTIVITIES

Anaconda Mining Inc. has released its financial and operating results for the three and nine months ended Sept. 30, 2018. The condensed interim consolidated financial statements and management's discussion and analysis can be found on SEDAR and at the company's website.

In 2017, the Company changed its fiscal year-end to December 31, from its previous fiscal year end of May 31. For comparative purposes, the results for the three and nine months ended Sept. 30, 2018 , have been compared to the three and nine months ended Aug. 31, 2017.

Third Quarter 2018 Highlights:

..................

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aANX-2681152&symbol=ANX&region=C

 

[Kostolanys Erbe]

Westhaven begins airborne survey over Skoonka projects



2018-11-09 11:10 ET - News Release



Mr. Gareth Thomas reports

WESTHAVEN COMMENCES HIGH RESOLUTION AIRBORNE GEOPHYSICS ON ITS SKOONKA AND SKOONKA NORTH GOLD PROPERTIES

Westhaven Ventures Inc. has commenced an airborne geophysical survey across its 2,784-hectare Skoonka and 6,167-hectare Skoonka North gold properties, located within the prospective Spences Bridge gold belt (SBGB).

Westhaven has engaged Precision GeoSurveys Inc. of Langley, B.C. to fly a helicopter-borne high resolution aeromagnetic survey over both properties covering a combined 8,951 hectares. The survey block will be flown in a systematic low-level grid pattern at 75-metre line spacing over the Skoonka property and 100-metre line spacing over the Skoonka North property. Combined this covers a total of 1,186 line kilometres. The purpose of this program is to increase property coverage and to help uncover favourable structures. It is important to determine structural controls that may be associated with additional zones of gold-silver mineralized veins. Please see maps below.

The Spences Bridge Gold Belt (SBGB)

Westhaven owns a 100%-interest in 4 properties covering over 35,000 hectares within the prospective SBGB, which is situated within a geological setting like those which host other significant epithermal gold-silver systems. It is close to major transportation routes and infrastructure allowing for cost-effective exploration. The SBGB is a 110-kilometre northwest-trending belt of intermediate to felsic volcanic rocks dominated by the Cretaceous Spences Bridge Group. Sable Resources and Westhaven have a combined control of 86% of the SBGB (225,000ha). Any ground staked by Sable within a 5-kilometre perimeter of Westhaven's existing property boundaries will be subject to a 2.5% NSR. In addition, Westhaven has a 30-day Right of First Refusal (ROFR) for a three-year period on any properties outside of the 5-km area of interest.

Westhaven Ventures Inc. is a Canadian based exploration company focused on the acquisition and exploration of prospective resource properties. Westhaven is focused on advancing its Shovelnose, Prospect Valley, Skoonka and Skoonka North gold projects in British Columbia. Westhaven trades on the TSX Venture Exchange under the ticker symbol WHN. For further information, please call 604-681-5558 or visit Westhaven's website at www.westhavenventures.com

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWHN-2682054&symbol=WHN&region=C

 

[600]

600 schrieb am 09.11.2018, 19:16 Uhr[/url]"]

Sltrader schrieb am 09.11.2018, 19:01 Uhr[/url]"]habs auch gerade gesehen, entweder hop oder top

amun71 schrieb am 09.11.2018, 18:59 Uhr[/url]"]Red Eagle Mining trading halt :shock:
Verkauf, Übernahme???
Tiefer geht es ja nicht mehr....

ich rechne eher mit einem delisting...
Zuviele Stücke wurden gestern und auch heute selbst zu 1c geschmissen, Hauptsache weg.

noch kein delisting, aber wohl kurz davor, schaut nicht gut aus! Aktie weiterhin ausgesetzt!
Sehr schade um Red Eagle, war mal meine Lieblingsaktie und so einen Verlauf hätte ich denen niemals zugetraut...

Red Eagle Mining Received Default Notice
T.R | 7 hours ago
VANCOUVER, British Columbia, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Red Eagle Mining Corporation (TSX: R, BVL: R, OTCQX: RDEMF) advises that the secured lenders have given default notice and a demand letter under the secured credit facility and advised of their intention to appoint FTI Consulting as receiver over Red Eagle Mining’s assets. Red Eagle Mining had negotiated a restructuring, announced August 24, 2018 under which the secured lenders would write off a significant part of their debt to enable Red Eagle Mining to recommence operations, but the restructuring was contingent upon a US$38 million equity financing from Annibale SAC, personally guaranteed by its principal Fernando Palazuelo. Annibale defaulted on that commitment and as a result, the restructuring could not proceed.


Read more at http://www.stockhouse.com/news/press-releases/2018/11/09/red-eagle-mining-received-default-notice#HBwOumuoI4PQdeJ5.99